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plaido eer madoff s didn't know about the fraud until his brother told him. a new judge in new york said she had a hard time believing that. >>> and call this an indication of the reduced influence of the 220-year-old new york stock exchange. it's being bought by a company that's just 12 years old. no major changes are expected after atlanta based intercontinental exchange completes its $8 billion purchase. that should happen sometime next year. >> wow. >> $8 billion. >> to purchase the new york stock exchange. that's fascinating. what that could potentially mean should be interesting. but we'll see how it plays out, as always. >>> facebook will soon be racking up more revenue $1 at a time. the social network is testing out a new service on a limited number of people for $1, and will guarantee delivery of a message into the main inbox of someone who they are not friends with. currently, some of you may know messages from nonfriends most likely end up in a much ignored folder labeled other. the company says the fee should help discourage spammers. let's hope so. i never knew that box exis
. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn
. >>> first, let's get to the news here in new york city. five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know,
he made racial comments about jeremy lin, the new york knicks and now houston rockets basketball player who is asian-american. when he he starts to talk about you in these terms, you know, this is in line with ma marginalizing what you had to say which was a totally legitimate comment about the white establishment going into lower numbers because of the rise in terms of blacks and hispanics. now he wants to make you out to be master of some big house. how ridiculous. let me tell you something. if he's asked to be on your show, the most popular show on cable tv, he should have regarded it as an honor and opportunity to have platform to speak out as a free black man. he's somehow twisted this in an attempt to make it racial, to make you into a bad guy, and that is an attack on honest debate in this country. i have written a book about it. they're trying to put a muzzlele on you, bill. they want muzzles on me when i say i'm in favor of school reform. this is madness. >> how do you see it? >> it's hateful and nasty and often the people who claim to be as open minded and tolerant amon
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
-old jack pinto. a little boy who loved sports, idolized the new york giants' victor cruz, who remembered pinto sunday. his father called the loss unimaginable, and said most of all, jack loved to play with his friends and keep up with his big brother. many of those friends attended the service. much too young to say goodbye. >> they were being comforted, and yet protected. a message of you're being secure now, because the worst is over. >> reporter: not far away, mourners remembered 6-year-old noah pozner, the little boy with a perpetual smile, described as a smart, funny child, who loved to eat tacos and loved animals. pozner's mother spoke at the service, calling noah her little man. noah's twin sister ariel survived the shooting in another classroom. near sandy hook elementary, messages of hope surround the ever growing memorial to the victims. as the town tries to cope, investigators are searching for answers. on monday, atf agents verified that nancy lanza and her son had visited local shooting ranges to practice firing weapons, though they hadn't done so in recent months. police sa
, it's a rain maker for new york, philadelphia and washington, but then that moves out by tomorrow afternoon. >> just so i make it home to see mom. >> you'll get there. >> i hope so. thanks, alexandra. >>> two state department officials employees of hillary clinton are testifying right now before the house and senate committees after that blistering report on exactly what went wrong in benghazi, the committee headed by thomas pickering and admiral mike mullen. admiral mullen had this to say. >> while we did not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about s
downwind of one of the great lakes. that lake effect snow will kick into gear. new york, a messy, messy start to your day. philadelphia as well. all up and down the i-5 corridor where it's a bit of a mix. winter storm watches and advisories are posted. the i-95 corridor will be mostly in the form of rain today. big travel day, obviously, for the holidays. it's going to put the brakes on chicago, new york, boston, all the northeast airports. >> as lots of people are trying to travel in and out. thank you so much. joining us to talk about the conditions in chicago is carmen assula from the illinois department of transportation. good morning. >> good morning. >> let's talk about the conditions right now. what's the situation there? >> right now the temperatures are under freezing, so we're watching for freeze back conditions, the fact that the temperatures didn't decline until after midnight helped out a lot with the snowfall. there was less accumulation. there is blowing and drifting in the outlying areas. chicago expressways are still wet, and people need to be cautious as freeze back wi
-- dagen: this is the 24th state. >> it will never happen in new york or a place like new jersey. they do not have the legislatures that will pass this. let's be realistic about it. all you have to do is look at a map of america and you would understand that. there are limits as to how far it will spread. we have a really historic battle among the states. it is a battle over tax rates. for all of this talk about tax increases, you have places like kansas, wisconsin, louisiana, cutting taxes. because business investment is so stingy right now, this battle is really historic. i think we will see more winners in the states. dagen: right to work states over the last decade have grown faster. >> it is and important component. it will be more so, i think, going forward. the combination, state tax rates in federal tax rates, they are really getting onerous. connell: as peter barnes pointed out, how involved, or will he get involved in this at all going forward? >> well, your guess is as good as mine. here is the thing, you know, of all places that you can go in america, discussing the fiscal cli
front will push out pretty quickly. by today around 9:00 a.m. moving nort new york city and by 3 p. mchl the bulk of the rainfall will be in new england and the snow. we will see the leftover snow across the great lakes. in some cases we could see a foot of snow. by saturday and sunday out of here but ladies so man fee people are trav-- many people a travelling it will be a trying day on the roadways and airport. people may have to delay travel plans for the weekend. >> what a mess. >> want folks to be careful while they are traveling especially driving. >> it is time for the 5@5:00. we begin with another developing story. one of the two bank robbers we told you about, one of them has been busted. police just arresting 37-year-old joseph banks. we are waiting to get details about where this guy was caught. you remember the story banks and kenneth connelly broke out of prison by tieing bed sheets together and scurrying down nearly 20 stories until they got to freedom. >> today marks one week since the massacre at newtown. at 9:30 president obama holds a moment of silence at the white hous
with the new york philharmonic and inspired composers like philip black. he was nominated for a score for the movie "gandhi." he had undergone surgery for respiratory infections in the fall before being nominated for another grammy. he is survived by two daughters, including singer norah jones. ravi shankar 92 years old. >>> let me know why you're awake. shoot me an e-mail or tweet me @billkarins. we'll read the best responses later in the show. >>> but still ahead, the battle for new york. carmelo anthony lights up the court. this was in brooklyn and it was payback time against the knicks. highlights in a thrilling finish in sports. >>> and this is a good one, jon stewart channels rapper eminem, coming up with rhymes for the michigan protest. that and a check on weather when "way too early" comes right back. >>> she spoke in court for the first time since the trial began. sobbing, she asked the judge for mercy, saying she was ashamed and living a nightmare. the judge was not persuaded. he told hemsley she was a product of greed and was at the ape yej of a period of wrongdoing. the se
associated with it is moving across the northeast. new york, in terms of rain, by midday today, it really should be out of the picture. this is a quick mover, but in its wake it's going to be cold and windy. so any snow on the ground could start blowing on on the roadways and that will cause problems. keep that in mind and be sure to be safe on the roads. how much snow are we going to see? we could see six to 12 inches across the great lakes. but too warm for snow across the northeast corridor. all the kids at home are go, whoa! your travel today, boston and new york, certainly could see delays. moderate delays to heavy. memphis and dallas look pretty good right now. but if you are traveling to the northeast or the midwest, make sure that you're going to call ahead. philadelphia, again, moderate delays. same for you in chicago and portland and we'll keep you posted all of the travel and the weather delays that are out there. back to you. >> steve: thank you very much. i think it's interesting that you think kids across america who did not get snow with the storm sound like charlie brown's
school. newtown, connecticut, is about 60 miles northeast of new york city. it's near danbury, connecticut. the young man who police say was the shooter reportedly walked into two different classrooms at sandy hook elementary. he fired dozens of rounds. he killed 26 people. 18 children pronounced dead at the scene. six adults pronounced dead at the scene. and then two children who survived their initial wounds and were hospitalized later died in hospital. the shooter then killed himself at the school. the associated press is siting a law enforcement official moments ago saying authorities found more than the previously described two guns at the school once they responded. more firearms than the two we have previously heard about. they're not giving any further details yet. but that report just in from the associated press. the students who were not shot, none of them older than fourth graders, were escorted out of the building by police officers this morning. they were taken to a fire station next door. police officers reportedly told some of the children to keep their eyes cl
early this morning. that bralanedwars acquired by the new york jets had a ham string. >> steve: joel is america's biggest jet's fan. >> gretchen: that is insider information. >> brian: he had a bounce in the step. >> gretchen: luckily i know who that is. should we kick off the show with headlines. we now know the identity of the shooter in the mall . he had no history of trouble but his ex-girlfriend said he quit his job in the derks li and sold all of his belongings and bought a ticket to hawaii. >> she wishes to express shock and grief the events in the shopping she has no explanation or understanding of her son's behavior. >> ros killed a 54 year old nurse and 45 year old father of two, steven forsyth. a 15 year old was seriously injured . robertson took his own life. late last night john fee -- macfee arrived in the united states. >> this morning i was in jail and today here i am. i am not worried at all. if i am in front of a court they will not send me back. they have no evidence . >> gretchen: macfee is wanted in the country of bealize for the murder of his neighbor. we'll hea
-laundering probe from the transfer of billions of dollars. the u.s. attorney for the eastern district of new york. >> the european and middle eastern entities routinely do business with countries on the u.s. sanctions list. they then funneled hundreds of millions of dollars of transactions through the united states through hsbc there. be evading u.s. prohibition on such transactions by disguising the force of the fund so payments could go for a. hsbc has admitted its guilt to the four count information filed today which sets forth two violations of the bank secrecy act, violation of the international emergency economic powers act and violation of the trading with the enemy act. as part of its resolution of these charges hsbc has agreed $1,256,000,000, the largest amount ever by a financial institution for compliance failure. they also agreed to pay civil penalties of $665 million to resolve parallel regulatory actions brought by the office of the comptroller of currency and the federal reserve bank for a total recovery of over $1.9 billion. the resolution also requires hsbc to implement a series
? >> there is a report in the daily news out tonight the new york daily news saying that lanza's mother was trying to get him to go out of the house, to get a job. maybe go to school. but apparently she was having a tough time getting him out of his room. that he would lock himself in and play video games. violent video games for hours at a time according to the new york daily news, shep. >> shepard: rick leventhal in new york tonight. the students who survived the shooting there offering scholarships to students who survived the shooting at sandy hook. uconn announced the plan today. the scholarships will go to sandy hook students who chose to attend the university when they are older. school officials also say they will offer the scholarships to siblings of students who died and children of the adult victims. a spokesman says once the foundation officials get a sense of how much money they are collecting the school will then determine whether it can cover full college costs or just a portion. investigators in mexico have now reportedly linked a gun found near the body of a mexican beauty queen to the f
is at the new york stock exchange. nicole: no panic. the nasdaq was down nearly 2%. let's take a look at the dow. the fiscal cliff remains front and center. we heard from john boehner today. we are not seeing bipartisan agreement at all. we are off of the lows of the days. names like bank of america among the biggest losers. while you see a few trying to give it a go in the green, the truth is, you are seeing broad-based selling. the s&p 500 is down a full percentage point. while there are some select winners, the truth is, you have many affected. connell: thank you very much. you heard a moment ago from the speaker. you did not hear this morning from the mayans. brian wesbury is here and he is his usual optimistic self. you are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, w
cliff quirks we are headed to the for the new york stock exchange next. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink thecore . what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfo find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, crges and expenses. read and conder it carefully before investing. ri includes possible loss of principal. adam: the state of nevada has gambling up. dollars. slot machines are up a whopping 11%. it is a big-time for casino operators to. they lower the cost of financing their debt. melissa: will get that across the board. this is one of those times -- you were supposed to be my boat party. but you one money. [talking over each other] melissa: as we do every 15 minutes, let's check the markets. watching aig. nicole: we have confirmation. we told you about a consortium of chinese companies moving ahead. we now ar
. it is december 20th. >> the top five stories making news at this hour. a massive chain reaction crash in new york leaving 33 people hurt and one person dead. it happened in the town of shirley on the long island expressway. the driver of a tractor trailer lost control and smashed into several vehicles setting off the chain reaction. the truck cause carrying debris from super storm sandy. >> it was like a movie. chain reaction. it was so fast. no one could react to it. >> 40 vehicles were involved in the wreck. it stretched the length of a football field. eastbound lanes are shut but westbound lanes are open. >>> 4 u.s. citizens plotting to destroy u.s. targets overseas. they pleaded not guilty to charges of conspiracy. three already pleaded guilty but changed their plea when is the 4th was indicted as being the ringleader. the younger brother of bernie madoff will be sentenced for helping pull off the biggest ponzi scheme in history. he is expected to spend the next ten years behind bars. one victim fired off a letter to the judge saying she is very unhappy the sentencing was postponed from decem
with the same sort of problem in new york city . listen to how he handled it >> i was given a report that said you have to raise taxes and said nothing about reducing spending. i was not an economic expert. i became one after becoming mayor in new york. i said it makes no sense. if i raises tax now. i will have to do it in two or four years. i will try to do something different. lower taxings. i in the beginning but a little bit and two or three years lower taxings. we had a three billion surplus and unemployment dropped from 10.5 to six percent . the city was humming. bowles is rightt, this is a spending problem. >> steve: absolutely. the thing is if washington simply when we send our taxings. if they sent it wisely it would be one thing. but you hear about so much waste and stuff going by the side . they want more taxes. you think they will those efficiently? of course not. >> gretchen: you want to know the newest powerball winner. why his financial advisors are telling him to take the money and ruin now before the fiscal cliff. >> brian: millions of dollars in a green company only to sell i
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
of weapons into camden, philly, new york, new haven, that flow of weapons into these streets, many of them coming to the south where they have secondary markets that are thriving, they would stop and dry up. so on the local level, this is what mayors get so frustrated about. we are pouring incredible amounts of money, almost my entire property tax base, forget about the rest of government, is being used for public safety purposes. more police, more cameras. i'm doing everything right now, i've got a woman with a caliber, she were melting down seized weapons and selling them as jewelry in order to get money for more gun buy backs. you name it, id am trying it. but without state and federal laws changes, many mayors are fighting an uphill battle and won't be able to stop the levels of violence in america to the extent that we want. this is a moment and it needs leadership to seize it at every level of government. >> you hooked me up with a link. >> caliber is the name of it. >> it just hit me. right there. >> a good percentage of the profits are going to gun buy back programs in my city. mar
to be optimistic worried that the heightened worry of others will help us. let's go to ct in new york. ct. >> caller: hey, big boo-yah to you, jim. i'm talking to you today. a couple weeks ago i was in pain. i was in the house of pain. today it's tough, and i'm talking now ♪ hallelujah so now tell me, am i staying with it or losing my mind? >> this is controversial because i'm just going to tell you the news. and the news is is that apparently sales are very good for it, okay? if sales are very good for it, the stock can go higher. i actually tried to dodge a very bad move and got people out. you can say well, listen, jim, why are you telling people to buy it now? i'm not. i'm just telling people that the news is positive. there's too many other stocks out there that i'm trying to help you with. i can read you the news. i don't have any other insight. let's go to jim in florida. jim. >> caller: big boo-yah from sunny brooksville, florida, jim. >> sweet. what's going on there, partner? >> caller: first thanks for what you do for us. >> thank you. thank you. >> caller: i have some real so
to speak to in new york. she could go to europe and speak to yacht. she could people to the european parliament. >> bill: she'll make a lot of money giving speeches. >> she could and keep herself relevant until late -- by keeping herself out of the campaign rakes she keeps the target minimized. she's a very polarizing figure. lots of things for her critics to attack her on. the longer -- >> bill: real quick, do you expect a book from the woman? >> oh, yeah. absolutely. >> bill: okay. now, there is another woman in the c.i.a., and i want to spend a lot of time. about this woman who tracked down bin laden and then got into all kinds of trouble. do we know who this woman is? do you know her? >> yeah. we do believe we know who she is. we're not going to use her name on the program. but it's believed she was an analyst at c.i.a.'s afpac analysis unit, afghanistan and pakistan. she was an early believer that you could use -- you could track the courier system through al-qaeda in and around the cities, not the caves of pakistan, to get to bin laden. she was write about that. she was passed
. >> in times of stress, this economy turns to the new york stock exchange. there is a reason there is an american flag wrapped around the front of this building. charlie: you are committed to the floor traders, keeping them here? >> absolutely. connell: charlie live now from the floor. pretty big day down there, obviously. charlie: i am blown away by this story. we were pretty much on this thing from the get go. this was on a merger. the initial reports coming out of the, i believe, "wall street journal." this is a 200-year-old institution being taken over by a company from atlanta that has been in business for the last 12 years. this is amazing. that is like the glass half empty or half full power. about another year ago, we were talking about, and a lot of people moaning about a german institution taking over the new york stock exchange. that says something about america's dominance in world finance. we are seeing an entrepreneurial company now taking over the stock exchange. that is not bad. that is what american capitalism is all about. that is something to be celebrating
you to pay for a union strike in new york, or we will get you fired when i was writing editorials against the strike in new york. so this is the -- it is that kind of coercion, which is coming to an end, everywhere. you heard it right here. the folks in michigan said, we looked at indiana, they are gettingions, businesses are coming in there. that's why we did it. they look south, where are the foreign companies coming? spartanburg, south carolina, bmwar plants, mercedes, tuscaloosa. volkswagen volkswagen, chattanooga, nissan plant. when foreign folks come into the country, they say, we don't want to deal with that stuff. let's go where we have good labor relations in the united states of america -- the wages are reasonable. >> greta: are the big companies, though, are they the one who is are union busting? if they are only going to go to those states and put some governors up against the wall, in order to compete -- >> sure. they are going to get the best deal. here's where i agree with the union guys. nafta, gatt, they are magna carta for transcontinental corporations to shut do
. webster, new york, mourning two firefighters today after they were shot and killed while respond og a fire on christmas eve. mike chaparini has been named firefighter of the year and also a police lieutenant and his partner, tom welcome had joined the department about a year ago and two other volunteer firefighters were wounded in one of them called for help as you can hear in this chaotic 911 recording. the shooter, william spangler was convict of the killing his grandmother decades ago. he was found dead at the scene. >>> nelson mandela spending christmas day in the hospital. the 94-year-old former south african president has been battling a lung infection and also had gallstones removed. the president, said he looks better and the doctors are happy with his progress. >>> in money news, instagram still feeling the sting from user outrage after the photo sharing app changed its terms of service. instagram has been hit with a class-action lawsuit filed in san francisco federal court. the lawsuit was filed on friday despite instagram saying it was modifying parts of the new policy and would
the pageant in over 20 dwlaerz. she describes herself as a nerd and has even performed at new york's carnegie hall. >> the new miss universe might want to avoid partying like a rock star. a new study shows musicians have a higher risk of premature death compared with the rest of the population. researchers at britain's center for public health looked at nearly 1,500 pop rock hip-hop and punk rock performers. they had a 9% death rate over a five-decade period much higher than average. nearly 39% of those deaths were caused by factors related to violence or alcohol or drugs. >> they did not see the concert of 12/12/12 because everybody on that stage, the average age was at least 60-plus, and they showed no signs of slowing down. >>> a few billion of us won't be around this weekend if you believe that friday is dooms day. however however, it turns out there is a loophole in that scenario and holly williams found it for us. >> reporter: many of us have heard of prophecies based on the mayan calendar that the world will end this friday the 21st of december 2012. bu
mistifying to be down there today. i like the cliffs and the floor of the new york stock exchange. there is always a bull market somewhere. i will see you tomorrow. >> good evening everyone. i'm larry kudlow. three major stories tonight and they all have financial and political fallout. starting in michigan where protesters stormed the state capitol to fight a right to work vote. >> on the way, and this issue boils down to fairness. but there are different opinions and viewpoints. we have details straight ahead. >> larry, at the white house we have a flurry of activity on the fiscal cliff. exchange of offers and not sure how much real progress there is. but we'll have the details. >> and optimism. and the fed driving the market higher. first time since mid october. the kudlow report begins right now. >> all right but we begin with the breaking news coming out of michigan where republican governor snyder just signed into law a right to work bill. lawmakers passed it today despite thousands of union workers who came to protest. we have the late ev. good evening ron. this one got pre
bus a deal ever getting done. alison kosik at the new york stock exchange. >> already down for the dow 117 points. kinding seeing a shift in attitude. if you see what's happening over the last few weeks wall street has been banking on a deal and you can see that in how stocks performed. the s&p 500 is up over the past month. guess what? now wall street is nervous, one analyst says this plan b vote was a litmus test for congress's ability to work out a solution. the way wall street sees it now this is a sign of gridlock. the s&p pa 00 is up 15% so just to put that in perspective, get ready for a tough friday so it's hardly time to panic. the sell-off won't last through the end of the day so they're more optimistic. >> could a sell-off influence washington to get something done? >> a sell-off could be a wake-up call for congress, just out playing chicken with the economy and it has worked before. you look at 2008, stock sold off after the house initially rejected a bank bailout. congress came around and passed it. it may take a direct hit to give lawmakers a kick in the butt especially s
cancelled as well now heading east. right for us. ohio. pennsylvania. upstate, new york. about to get blasted with snow and powerful winds just days before christmas. for the very latest on what to expect and how it can impact your holiday travel. let's check in with the man who knows rick reichmuth. >> i hate to say that most of the rain moved through yesterday morning. >> why do you hate to say this. >> because we are wrong. >> i know you read that. [sigh] >> four more hours won't be the first time. >> true. >> so we're cool traveling today, right? >> it's really not a bad day. the worst of it was on thursday. so we're two days past that we have had a day to settle down and a lot of those flights to catch up. we have wind across the northeast. lake-effect snow is not uncommon this time of year. the rest of the weekend is looking pretty good. not even monday. tuesday, wednesday, and thursday different story it did bring colder air. in 10 degrees right now as you are waking up in minneapolis. the winds are going to continue to move across the lakes. that will continue to bring lake-ef
. nicole petallides on the floor of the new york stock exchange. let's go with apple. they opened higher today. now they have moved fraction down. tell us what apple is in the news, tell me where it is. nicole: apple is to the downside. we have talked about it so much all week long, the 50 day moving average is below the 200 day moving average. it was somewhat inevitable. it happened today so now you look at key levels. below areas where people are looking at buying was 518 at yesterday's's low or 505. on the other side, the upside, the resistance here is going to be around 601. stuart: if you get to 601 you expect a wave selling and 518 or 505 you waver coin. that is 545 or 550, right in the middle, that is where it is. i think i have got it. thank you very much. let's get to the big story of the day, the november jobs report, 350,000 people, this is the key number, left the work force last month. the labour participation rate also fell. the unemployment rate came down. at number, that is not a good smell and. >> that is an astonishing number but we have seen numbers of on these lines f
? >> and he got a critical question about, that one of the reporters from "new york times" said mr. chairman you've been doing this kind of thing for last three years, and you shill have not achieved your goals, he admitted their economic predicts have been overly optimistic, that is a big risk here. tracy: so many tools, it confuses me, but we have our fine fed head peter barnes to straighten it out for us, thank you. >> thank you, tracy. tracy: if you are fired up about this as i am, or any other issues on this program, drop the show an e-mail. >> coming up, on the willis report, showdown raging in the heard land is not over yet. we ask our panel what is next for state and unions. >> and next year is all about these words for big banks, red tape, one guest thinks this is regulation way overdue. also, today we'll be putting our top lawmaker through divorce court, trust us, this is something you don't want to m.i.t., we're on the case next on the willis report. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and onof the most cit
, connecticut, or new york were so many still suffer. we are a nation that seems to be, whether it be by the leadership of our elected officials, whether it be the president or others, we seem to be focusing on victimization. we seem to be focusing on victims rather than those who are prevailing. we are focusing less on what we do with honor and great, great sacrifice to achieve much. instead, we seem to be focusing on those that would limit us and that that which is the worst among us. lori: you have focused any times about leadership and lack thereof. interesting that time .2 a leader. lou: i hope not too many people are. lori: my point is, we do not have a choice at this point. lou: well, we do. the president, after all, is just the president. the speaker is just a speaker. we are fundamentally americans. americans are despite all still a classless society. people are trying to divide us. they are trying to segregate us. i do not mean that in a civil right way. we are a nation when combined. we will stand up to any challenge. we will prevail. unfortunately, our leaders and th
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